Fjarde AP Fonden Fourth Swedish National Pension Fund Has $4.08 Million Holdings in SS&C Technologies Holdings, Inc. $SSNC

Key Points

• The Fjarde AP Fonden Fourth Swedish National Pension Fund has reduced its stock holdings in SS&C Technologies by 25.7%, now owning 48,857 shares valued at approximately $4,081,000.
• In contrast, other institutional investors like Unigestion Holding SA and Kestra Private Wealth Services LLC have significantly increased their positions in SS&C Technologies, reflecting a 96.95% institutional ownership.
• SS&C Technologies reported quarterly earnings of $1.45 EPS, exceeding estimates, with revenue of $1.54 billion, and has a current consensus rating of "Buy" with a target price of $97.13.

Fjarde AP Fonden Fourth Swedish National Pension Fund lessened its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) by 25.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 48,857 shares of the technology company's stock after selling 16,900 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in SS&C Technologies were worth $4,081,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in shares of SS&C Technologies by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 20,401,466 shares of the technology company's stock valued at $1,704,134,000 after purchasing an additional 186,440 shares during the last quarter. Janus Henderson Group PLC boosted its stake in SS&C Technologies by 3.4% during the 4th quarter. Janus Henderson Group PLC now owns 16,598,958 shares of the technology company's stock worth $1,257,869,000 after acquiring an additional 539,483 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in SS&C Technologies by 8.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,158,478 shares of the technology company's stock worth $239,353,000 after acquiring an additional 258,554 shares during the last quarter. AQR Capital Management LLC boosted its stake in SS&C Technologies by 52.4% during the 4th quarter. AQR Capital Management LLC now owns 2,270,232 shares of the technology company's stock worth $172,038,000 after acquiring an additional 780,616 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in SS&C Technologies by 64.9% during the 4th quarter. Bank of America Corp DE now owns 2,235,142 shares of the technology company's stock worth $169,379,000 after acquiring an additional 880,058 shares during the last quarter. Institutional investors own 96.95% of the company's stock.

SS&C Technologies Stock Up 2.0%

SSNC traded up $1.7950 during trading on Friday, reaching $90.4950. The company had a trading volume of 997,054 shares, compared to its average volume of 1,378,088. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.14 and a quick ratio of 1.14. SS&C Technologies Holdings, Inc. has a 12 month low of $66.83 and a 12 month high of $91.07. The business's fifty day moving average price is $83.88 and its 200 day moving average price is $82.03. The company has a market cap of $22.10 billion, a P/E ratio of 28.44 and a beta of 1.25.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The technology company reported $1.45 earnings per share for the quarter, beating analysts' consensus estimates of $1.39 by $0.06. SS&C Technologies had a net margin of 13.34% and a return on equity of 18.92%. The firm had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same quarter in the previous year, the firm posted $1.27 earnings per share. The business's revenue was up 5.9% on a year-over-year basis. SS&C Technologies has set its FY 2025 guidance at 5.820-6.060 EPS. Q3 2025 guidance at 1.440-1.500 EPS. Equities analysts anticipate that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current year.

SS&C Technologies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd will be issued a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a dividend yield of 4.8%. This is a boost from SS&C Technologies's previous quarterly dividend of $0.25. The ex-dividend date is Tuesday, September 2nd. SS&C Technologies's dividend payout ratio is 33.86%.

Analyst Ratings Changes

Several research analysts recently weighed in on SSNC shares. DA Davidson lifted their price objective on shares of SS&C Technologies from $98.00 to $102.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Raymond James Financial lifted their price objective on shares of SS&C Technologies from $90.00 to $95.00 and gave the stock a "strong-buy" rating in a research note on Thursday, July 24th. Wall Street Zen raised shares of SS&C Technologies from a "buy" rating to a "strong-buy" rating in a research note on Friday, May 16th. UBS Group lifted their price objective on shares of SS&C Technologies from $108.00 to $110.00 and gave the stock a "buy" rating in a research note on Friday. Finally, JPMorgan Chase & Co. lifted their price target on shares of SS&C Technologies from $86.00 to $94.00 and gave the company a "neutral" rating in a research note on Thursday, July 24th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, SS&C Technologies currently has a consensus rating of "Moderate Buy" and an average price target of $97.38.

SS&C Technologies Company Profile

SS&C Technologies Holdings, Inc engages in the development and provision of software solutions to the financial services and healthcare industries. It operates through the following geographical segments: United States, Europe, Middle East and Africa, Asia Pacific and Japan, Canada, and the Americas, excluding the United States and Canada.